Dovel Technologies, a leading expert to federal agencies that blends deep domain expertise and advanced technologies in the health IT, life sciences, public safety, and grants management markets, announced today that it has been named to Inc. magazine’s annual Inc. 5000, an elite ranking of the nation’s fastest-growing private companies. Dovel joins other prestigious companies for the sixth year in a row on the 40th annual Inc. 5000, ranked at 3631. On this year’s list, fewer than five percent of the companies have been on the list six times or more.
Dovel has been fortunate to experience an array of success, including significant growth, numerous business awards, several key new hires, and an unmatched ability to deliver critical support to its customers. The Company earned new work within federal health and civilian agencies as well as winning positions on additional contract vehicles. Newly awarded contracts expand Dovel’s foundation of deep domain expertise and advanced technologies while reinforcing the focus on supporting missions that improve, protect, and save lives.
“Being named to the Inc. 5000 for the sixth year in a row is an incredible honor and a true validation to our sustained focus on innovation, customer success, and employee growth,” said Damon Griggs, Dovel CEO. “I continue to be impressed with our team’s level of customer service and grateful for their dedication to helping agencies make insightful decisions that drive meaningful change in the world.”
This year’s list proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.
About Dovel Technologies
Dovel is a trusted government partner that blends deep domain expertise with advanced technologies to help our customers solve complex problems that improve, protect, and save lives. As a rapidly growing company, we combine entrepreneurial spirit, customer focus, and an outcomes-based approach to support agency missions in health IT, life sciences, public safety, and grants management. To learn more, visit www.doveltech.com.
More about Inc. and the Inc. 5000
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.